Equitable Life (Payments) Bill Debate

Full Debate: Read Full Debate
Department: HM Treasury
Tuesday 14th September 2010

(14 years, 2 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Mark Hoban Portrait Mr Hoban
- Hansard - - - Excerpts

If I can answer one intervention before I take the next, it would be helpful to all hon. Members.

We said in the statement on 22 July that we hope to start to make payments towards the middle of next year. I give way to the hon. Member for Ynys Môn (Albert Owen).

Albert Owen Portrait Albert Owen
- Hansard - -

The hon. Gentleman may recall that when he made his statement to the House I asked him about an appeals procedure. Once a payment is recommended and the person does not agree with it, what kind of mechanism will be in place for appeals? Will it be independent? Will the Bill give a time scale indicating the length of time for the appeals procedure so that people can be clear about that?

Mark Hoban Portrait Mr Hoban
- Hansard - - - Excerpts

The appeals mechanism is not in the Bill. However, I took on board the point that hon. Gentleman made during the statement about the need for an appeals mechanism, and I have raised that with my officials. I agree, too, that it is important that any appeal is dealt with quickly, but of course that requires co-operation both on the part of the person making the appeal and the body adjudicating on the appeal. Part of the problem that we all face is that we are talking about premiums that were paid back in the early ’90s, so clearly for some of those making appeals there may be an issue about the availability of paperwork and documentation. I am very mindful of that point, and we will pursue it.